29 School St
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Jul 5, 2024 | In contract | - | |
| In contract | |||
| Jun 29, 2024 | Listed by Christine E. Natale, Broker | $559,000 | |
| Listed by Christine E. Natale, Broker | |||
| | |||
|
Charming home with some updates to include kitchen, bath, roof. Located within walking distance to Danvers center. Close to the highway, shopping, restaurants. Estate sale, sold as is. License to sell needed. Seller and Broker make no warranty or representations on the property. Buyer/Buyers agent to due their own due diligence.
| |||
| Aug 18, 2021 | Sold | ||
| Sold | |||
| Jun 24, 2021 | Listed by Christine E. Natale, Broker | $499,000 | |
| Listed by Christine E. Natale, Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017